-
Gonna get back in the black this time
Hi all I joined here many years ago with a small amount of debt hoping to get us cleared but we have coasted along gradually getting deeper and deeper into debt by making poor choices ie- was made redundant with a payment of over 7k and instead of putting off our cards, revamped our garden and had a family holiday!!…
-
DMP - should i send a letter asking for interest freezing?
I've got the template letter from StepChange to send creditors asking that they can handle the accounts, but should I not ask them to freeze interest too? I remember reading that somewhere. Thanks
-
My debt and learning to budget
Right firstly.. don't know where to start, so I'll start here... a year aho, I got into pay day loan hell.. 1 little loan, and then it spiralled... 4/5 loans per month just to try and re coup money for bills etc.. anyway, I soon found myself in debt to the tune of 10,000.. fun. Mate loaned me extra money to pay some of my…
-
CCJ Out of the Blue
Hi, first time posting and need some advice please. A few years ago I got into a lot of debt problems with credit cards when my business (as a sole trader) went belly up. I acquired one CCJ through First Direct and came to an agreement over monthly payments with MBNA and Citibank. Total owing was approx £25k. I got a job…
-
Advice needed for making a settlement to debt agency
Hello Please can anyone offer any advice?? My ex partner ran up a £3800 debt on a credit card (following our seperation in 2010.) The credit card company have been unsuccessful in retrieving any of that debt and passed it onto a third party collection company in 2012. This debt collection company have also been unable to…
-
Mackenzie Hall
Hi all, I have a quick question regarding the lovely people at Mackenzie Hall. I'm about to send a letter to them letting them know that I am refusing to accept the debt they're chasing as its statute barred plus I was made bankrupt. Should I send copies of my bankruptcy documents along with this letter seeing as I've…
-
Transcom hassle over statute barred debt
Hi, I received a letter from Transcom DCA months ago over an old Amex debt for approx £7000. It is over 6 years since i paid anything / acknowledged it. I sent them a prove it / statute barred letter and last week I received a letter basically saying pay up, along with a photocopy of my signed credit agreement from 2001…
-
Offers to Collection Agencies
Hi, I am looking at making offers of a lump sum payment to some of my creditors who are now dealing with collection agencies. I have been told in the past that some collection agencies will take a reduced amount of the balance if you are willing to pay a lump sum payment? Is this correct? And also how much is the usual to…
-
Understanding credit report
Hi all I'm lucky enough to be debt free, having paid them all off last year. I'm now trying to understand my credit rating so that I can check that everything has been updated correctly. I'd appreciate some info on the following points: Defaults Once an account has been marked 'Default', should this appear in every month…
-
Halifax & Blair Oliver & Scott
I'm after a bit of advice please. Had an original cc debt with Halifax which was defaulted on and I had been making token payments for 2 years to Blair Oliver & Scott. Since loss of benefits last year I have had to stop making token payments to creditors and most have agreed to write-off (I have a medical condition and…
-
cancelled contract debt recovery
Hi all, I had a cineworld membership which cancelled within the term because of an argument that I had and wasn’t happy with them. After 4 month of not paying and cancelling dd , I have received a letter from Daniel silverman debt recovery asking me to pay and threathning to take further actions. I have ignored them . had…
-
Letter I received
I thought that perhaps one of you lovely people could tell me what this letter actually means. It was addressed to myself and my previous partner and seems to be from Council Tax owed from 2007/2008 in a previous flat (which my partner was supposed to be paying while I paid the rent!!) It has come from Scott & Co and says:…
-
Trying to reduce interest..but not getting much help!
Hello. Over the last 10 years, I had been paying a lot of maintenance on my children, university costs etc, which have all come to an end now, as my daughters have all now become self-sufficient. However, it has left me with a lot of debt built up on three credit cards, not far short of £30k in total. My outgoings have…
-
Arrow Global court claim on 8 year old debt
Hi, I have just received a small claims court form from Arrow Global for a debt that I believe was over 8 years ago. I have been online to complete the acknowledgment of service and just to check that this was real, and then have been doing some searching as to if or how I can query this order. There are a couple of flaws…
-
Wednesday 1st May 2013 - What Small DFW Things Will You Do Today?
When we start out on the DFW trail we do loads of "big stuff" that makes quite a difference to our situation. These include having our lightbulb moment, cutting up the credit cards and cancelling Sky and the gym. But once we have done the bigger stuff, we often feel that we are not making the same amount of progress, when…
-
Wonga/Moorcroft debt please help
After months of no sleep and stress I know it's now time I sought out some advice regarding my current financial situation. About 4 or 5 months ago I stupidly took out a wonga loan for around £400. At the time I could afford to pay it back but I subsequently lost my job making it impossible to make payment. Wonga continued…
